Economist and Nobel Prize winner Paul Krugman says that "in principle, you can have assets, which are considered valuable, even though there is nothing backing them," but he is skeptical about wh... Read More
A Chinese company is buying European assets. China's Midea Group Co is only seeking a 49% stake in German industrial robot maker Kuka, Handelsblatt reported, citing unnamed sources in the Germa... Read More
The hack sent the price of Ether plunging Friday.
The hacking, which siphoned off a third of the project's digital money, is likely to doom the investor-funded project, the Times reporte... Read More
Bitcoin | Blockchain | Banking | Fintech | Markets | BI Intelligence | Payments | Coinbase | TransferWise | Ripple | PayPal | Square | Dwolla | Stripe | Lending | Wealth management | Insurance | Exchanges | Venmo | Apple Pay | Samsung Pay | Android Pay | Xoom | Klarna | Adyen | Lending Club | OnDeck | Funding Circle | Betterment | Wealthfront | LendingRobot | Moven | Ally Financial | Atom Bank
In this report, BI Intelligence assesses the state of the global fintech industry, highlights the drivers of its growth, outlines the areas of fintech that are coming to the fore, and explains the dif... Read More
Global AML Watchdog to Release Crypto Regulations By Next June
A global money-laundering watchdog has said it will begin publishing rules for international cryptocurrency regulation by next summer.
According to a Reuters report Friday, the Financial Action Tas
Sia Network Releases Hard Fork Code to Block Crypto Mining Giants
The sia blockchain network has released the formal code for an imminent hard fork that will block miners using hardware produced by Bitmain and other major manufacturers.
David Vorick, founder and
North Korean Hacking Group Lazerus Stole $571 Million in Cryptos: Report
North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates.
According to an article published Friday by The Next
Bitcoin's Price Breaks Through Key Support As Stocks Go South
Bitcoin (BTC) has dropped out of the tight trading range seen recently, paralleling losses in the U.S. stock markets.
The leading cryptocurrency, which was trapped in a triangle pattern (narrowing